Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
How will less mfg affect silver price in a major crash??
>
Reply to Thread
Message:
<p>[QUOTE="xtronic, post: 966343, member: 24288"]Seems like we have already seen a major crash, fairly long recovery to boot. How did silver do? It is down some what.</p><p>Lets ramp that crash up a bit....It would seem you would see a parallel movement down. Working in an industry that uses silver has taught me that silver/iron is like food. If we are poor, we will eat less.....but we gotta eat.</p><p><br /></p><p>The thing that scares me is not the mfg downturn in silver usage but the weird and nebulous paper side of silver. It seems to me that <u>they have the bridle for this beast</u>. Us collectors are a fairly static and calm sort, even buying into weakness....but they play different with the short game and leverage'n.</p><p><br /></p><p>The first time I relized there was a new sherif in town is a few years ago when silver was around $15.....and you could not beg an ounce off of anyone, even online. Ebay had a $4 premium...what does that tell you. Told me that the spot price could be played with by someone and it was not the silver using industries.</p><p><br /></p><p>Would love to hear your thoughts.[/QUOTE]</p><p><br /></p>
[QUOTE="xtronic, post: 966343, member: 24288"]Seems like we have already seen a major crash, fairly long recovery to boot. How did silver do? It is down some what. Lets ramp that crash up a bit....It would seem you would see a parallel movement down. Working in an industry that uses silver has taught me that silver/iron is like food. If we are poor, we will eat less.....but we gotta eat. The thing that scares me is not the mfg downturn in silver usage but the weird and nebulous paper side of silver. It seems to me that [U]they have the bridle for this beast[/U]. Us collectors are a fairly static and calm sort, even buying into weakness....but they play different with the short game and leverage'n. The first time I relized there was a new sherif in town is a few years ago when silver was around $15.....and you could not beg an ounce off of anyone, even online. Ebay had a $4 premium...what does that tell you. Told me that the spot price could be played with by someone and it was not the silver using industries. Would love to hear your thoughts.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
How will less mfg affect silver price in a major crash??
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...